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Niftyanalysis

Nifty Important levels and trade plan for Tuesday, 29th NovemberIn daily time frame Nifty was in continuous uptrend until last Thursday, and made a pause candle in last Friday, and we are expecting a correction, and today we have got the correction in first half with gap down opening, and now may expect continuation of the uptrend, which Nifty indicated with the strong bullish engulfing candle today in daily time frame and touched all-time high. For tomorrow, CPR is spread in the range between 18545 and 18491, and for us it will be our no trade zone for tomorrow, and for us trading strategy for tomorrow will be simple. In case of flat to slight gap down, to slight gap up opening, will go for bullish trade for any candle in 5-minute time frame closing over no trade zone, 18615, 18372, 18741, 18794 can be our targets for tomorrow. Here up to 18615, our quantise will be limited and stop losses will be tight, and above 18615, can go with full quantity. For a gap up opening up to 18615, may expect a reversal, and we can plan accordingly, but any opening above this level, Nifty may continue its uptrend, but may be the move will be slower. Now, bearish trade can only be initiated, with Nifty below 18491, with continuation, and target in this side will be 18419 and 18366. OI Data is bullish today with huge OI present in 18500 level in PE side, and having no considerable resistance showing up to 19000 level. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 28th November, 9:10 PM** ***Personal opinion, not a trading advice***
NSE:NIFTYLong
by rahulbora11
NIFTY 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022 NIFTY 50 Weekly Forecast Analysis 28 Nov-2 Dec 2022 We can see that this week, the current implied volatility is around 1.85% , same as last week. According to ATR calculations, we are currently on the 51th percentile, while with INDIA VIX we are on 12th percentile. Based on this data, we can expect on average, the movement from open to close of the weekly candle to be : In case of bullish - 1.82% In case of bearish - 1.55% With the current IV calculation, we have currently 24.3% that the close of the weekly candle is going to finish either above or below the next channel: TOP: 18771 BOT: 18090 At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week: 26% chance that we are going to touch the previous low of the weekly candle of 18125 78% chance that we are going to touch the previous high of the weekly candle of 18535(already hit) Lastly from a technical analysis point of view, currently 80% of the moving averages rating, are insinuating we are in a BULLISH trend.
NSE:NIFTY
by exlux
Nifty Important levels and trade plan for Monday, 28th NovemberIn Daily time frame Nifty is bullish, and we may expect a pause in this uptrend in coming days, before continuing the same trend. So, in coming days, we may expect to see a downside corrective move in Nifty and in 75 minute time frame a double top and a divergence in RSI is supporting the same statement. Now based on Nifty price action, plotted some important levels for tomorrow, but support levels may change if Nifty breaks the PDH, in that case new support levels need to be plotted. Here for tomorrow, we may avoid to trade between, 18521 and 18480, and for low risk taker the lower side of this range will be 18449. Here for tomorrow, we will have to be careful with the upside moves, above 18521 it is bullish trade, but we need to wait for a proper price action, Similarly, below 18480 or 18449 it is a bearish trade, and can wait for a price action in 15-minute time frame for this trade. For upside- 18597 and 18681 will be the target levels, and for downside 18407 and 18359 will be the levels of importance. For next week, CPR is quite wide, so we may expect a sideways move in the this week. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 26th November, 10:30 AM** ***Personal opinion, not a trading advice***
NSE:NIFTY
by rahulbora11
Nifty Analysis: A Bullish Scenario 🚀Hi 👋 There are always two potentially predominant scenarios possible in the stock market – Bullish and Bearish . Most people involved in the stock market like to read and appreciate the positive side of the market, that is bullish . This is because they always ‘Buy’ and never sell. They don't even sell to take profit 😉 This idea is representing the bullish scenario of the market. I have used minimal tools – Support and Resistance ; Fib Time Zones; Fib Extensions and a self-developed technique to weigh weaker and stronger sides (bulls & bears) of the market. Let is discuss them one by one 👇 🚀 Fib Time Zones Fib zones are helpful in analyzing market cycles but in my experience fib zones have always been a hit and miss experiment, as there is no concrete way in which fib zones can perfectly match the market cycles. Theoretically we match previous highs to project the next peek or we match previous lows to project the next trough in a market cycle. On this chart I matched the highs of Feb 2021 and Oct 2021 and found that it perfectly projected June 2022 low (marked by Fib zone 3). If this projection is correct and continues then there could be a high (I am saying ‘high’ because we are discussing bullish scenario) near Mid Feb 2023 (Marked as Fib zone 4). This may hold true as long as market trades and sustains above all-time highs. 🚀 Support and Resistance When I say all-time highs (ATH), it means 18600 ( ish ) levels. Normally these levels stand as strong resistance, because sellers get active taking profits or shorting near those levels. As of now those levels have not been tested by Nifty (spot). Secondly, there was 18100 level which acted as strong resistance in Apr 2022 and Sep 2022. However, the reaction in Sep was much less compared to the reaction in Apr , which is good for bulls. In Nov, market breakout of this resistance and also tested it once in the later half of Nov. The test was held, means buyers had an upper hand, and previous resistance (18100) acted as support. Eventually, market resumed the trend established from Jun 2022 lows. I would personally like to see the market break and sustain above ATH (18600 or so) for it to achieve our projected targets. 🚀 Fib Extension Fib extension is an effective tool to project markets next move or targets. There are different methods used by different traders or investors or mentioned by different authors in their writeups. Most popular ones being 1:1 extension, 1:2 extension and the ones that conform to the Elliot wave principles. Measured move: If I measure the move from Jun low to Sep high and project it for a 1:1 target, it gives us 19650 as the target. This can be taken as a medium-term bullish target for the market. Elliot: According to Elliot , 3rd wave can not be the smallest. If I take move from Jun to Sep 2022 as wave1 and late Sep correction as wave 2 then wave3 should be larger than wave1, that means beyond 19650. Wave3 extension can go up to (1.618 x wave1) or higher. If I take 1.618 extension then wave 3 targets for 21450 (quite ambitious though). We can take it as a longer-term target for investors. Cup & Handle Thirdly, if you look carefully there is a cup and handle continuation pattern. This can be made by joining Apr high, Jun low, Sep high and Sep low. The blue Support and Resistance line shown on the chart would be the neckline for this pattern (and is breached positively). The target for this pattern comes out to be = 18114 + 15183 = 21045. This gives us a zone from 21000 to 21500 as a target for long term investors. Will the market hit the long-term target on Mid-Feb 2023 Fib zone? Or will it hit the short-term target 19650 at that time? This question should remain open for discussion in the comment section. 🚀 (Bravo) Momentum Technique There is nothing much fancy in this technique than the Price and Time based analysis. I analyze price waves through the lens of time to measure momentum of the market. Technical charts are drawn by taking Time on X-axis and Price on Y-axis and this helps in tracking the price moves. I take help of these price moves in identifying bullish and bearish trends. As a general rule of thumb if the price is taking less time recovering a bearish move then there is bullish momentum. This means bulls are still stronger than bears. The opposite is also true. If price is taking more time to recover a corrective wave then bulls might soon lose ground. To make it simple, I have drawn red and green rectangles. The red rectangles encase bearish waves and the green ones encase bullish waves. There are two important things that you need to observe – height and width of the rectangles. Normally height of two adjacent rectangles ( bearish and bullish recovery waves) would be the same. So, it the width that is more important. The width represents the number of days the market takes to complete a wave. As long as the width of green rectangles is less than red ones, the momentum would be bullish . Normally we see bullish momentum in an uptrend, so there are greater chances that the trend would stay on the upside. The opposite is true in case of downtrend. You can see in the chart that although the market was making lower lows from Oct2021 to Jun2022, the width of green rectangles is less compared to red ones. Or you can say that market had been taking lesser number of sessions to recover a down move. This means that bulls were more active and were interested in accumulation at the lower levels (see number of sessions/bars under each rectangle ). This signals a positive momentum in an uptrend and hence higher chances of the trend to resume. This method is useful for investors as well as traders. Investors can apply it on higher timeframes and traders on a lower-timeframes, for analyzing, confirming and riding trends. I hope you learnt something new from this post. Now do me a favor and hit 🚀 so that I can push myself to write more. Your thoughts are welcomed in the comment section 👇 Have a great life 👍 📢 Disclaimer: The views are personal and for educational purpose only. It should not be considered as an investment or trading advice. Please apply your own due diligence before investing your hard earned money.
NSE:NIFTYLong
by Bravetotrade
NIFTY50 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 18360. ❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 18490, 18615, 18700. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🍏 Positional Trend is Positive. 🍏 Long Term Trend is Positive. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺ #ohotrading #ohotrading1 #stockmarket #NIFTY50 #november22 @ohotrading #sharemarket #nifty #today #atmmachine #homework
NSE:NIFTYLong
by OhoTrading
Nifty Levels & Strategy for 25/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Nifty continued it's journey in forward direction & now looking all set for making new lifetime high. Nifty started action with gap-up , mild profit booking, breakout above open price, consolidation through out the day & finally break-out above 18400. Bulls have clearly dominated the show. Volatility is quite low. US Dollar Index has corrected significantly. Brent crude is trading around $85 which is quite good for India. All factors are positive. We have seen significantly rally from lower levels. Is it really a bear market rally????? New longs in ATM/OTM/ITM calls & Put writing in all types is clearly indicating strength towards long side. Today option buyers who waited patiently for breakout or breakdown opportunity were rewarded. Retail traders need wait patiently for good quality setup & simply replicate profit making trades again & again. Retail traders should continue to trade with caution near new lifetime high, buy on dips with hedge & book limited profit at higher level or loss at lower level. Please find below scorecard, PCR update & options statistics for your reference: NIFTY SCORECARD DATED 24/NOV/2022 NIFTY IS UP BY 217 POINTS Name Price Previous Day Change % Change Nifty 18484 18267 216.85 1.19% India VIX 13.48 14.04 -0.56 -4.02% OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA Max OI (Calls) 18300 (Open Interest: 3969050, CE LTP: 272) Max OI (Puts) 18300 (Open Interest: 6962750, PE LTP: 32.75) PCR 1.28 (PCR is in buying Zone) Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
How to Trade in Options?In this video we try to make you understand to get right entry to avoid Stop Losses #nifty #priceaction #priceactiontrading #optionanalysis #banknifty #bankniftyprediction #nifty50 #niftytomorrow #niftyprediction #niftyanalysis #niftyfifty #niftytoday #niftybank #banknifty #bankniftytomorrow #bankniftyprediction #bnkniftytrading #charts #technicalanalysis #crypto #sensex #nse #nseindia #bse #optionsellingstrategy #optionstrading #optionsellingstrategy #optionstrategy #optiontrading #optionsellingstrategy
NSE:NIFTYEducation
by gurubhai
Nifty Levels & Strategy for 23/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Nifty continued to trade in small range. Big players have significantly reduced their long as well as short positions. F&O action - new longs & short covering in calls & put writing (ATM/OTM) is indicating mild strength in Nifty . Overall, Bulls Vs Bears positions with positive bias are pretty much balanced with highest OI in CE (18300) & PE (18200). However, we should continue to book profit at higher level. Please find below scorecard, PCR update & options statistics for your reference: NIFTY SCORECARD DATED 22/NOV/2022 NIFTY IS UP BY 84 POINTS Name Price Previous Day Change % Change Nifty 18244 18160 84.25 0.46% India VIX 13.84 14.80 -0.95 -6.45% OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA Max OI (Calls) 18300 (Open Interest: 10665950, CE LTP: 52.55) Max OI (Puts) 18200 (Open Interest: 9299850, PE LTP: 27.55) PCR 0.86 (PCR is in bearish zone) Nifty Calls: ATM: Long Buildup, OTM:Long Liquidation, ITM:Short Covering, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
NSE:NIFTY
by manishmgupta
NIFTY50 is looking Bearish. 🤑 Nifty is likely to be Bearish till it's below 18250. ❓ Reason: Because Nifty is below the ATM Zone Upper Point and Below Trailing SL point of ATM Machine Indicator on Hourly Chart. 🚧 Downside Hurdles: 18130, 18050, 17965. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🔴 Positional Trend is Negative. 👺 Long Term Trend is Trapping the Bulls. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺ @lohotrading
NSE:NIFTYShort
by OhoTrading
NIFTY Volatility Analysis 21-25 Nov 2022 NIFTY Volatility Analysis 21-25 Nov 2022 We can see that currently the implied volatility for this week is around 2%, according to INDIA VIX data (INDIA Volatility Index ) With this in mind, currently from ATR point of view we are located in the 11th percentile, while according to INDIA VIX, we are on 2th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish: 1.89% movement Bearish: 1.5% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 21.1% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 18610 BOT: 17882 Taking into consideration the previous weekly high/low, currently for this candle there is : 66% probability we are going to touch previous low of 18220(already hit) 31% probability we are going to touch previous high of 18460 Lastly, from the technical analysis point of view, currently 80% of the weekly moving averages are in a bullish trend, and a combination of moving averages and oscillators are in 31% bullish stance
NSE:NIFTY
by exlux
NSE:NIFTY Analysis/Prediction for tomorrow 21-11-2022NSE:NIFTY Analysis/Prediction for tomorrow For Flat/Gap-Down Opening 🟢 Avoid CE 🔴 Buy PE below 18275 ✔️ Target Should be 18210, 18110 For Gap-UP Opening 🟢 Buy CE Above 18380 ✔️ Target Should be 18440 🔴 Buy PE below 18300 ✔️ Target Should be 18210 Important Notes: 🚨 Gap-UP & Gap-Down more than 100 points wait for price action. 🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback. ⚠️ Wait for the 5-minute candle to close for confirmation. ⚠️ Trade Like Either SL or Target. ⚠️ Important: Always maintain your Risk & Reward Ratio. Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
NSE:NIFTY
by TheTechNifty
Nifty Important levels and trade plan for Monday, 21st NovemberIn daily time frame Nifty is in correction of an uptrend, which leads to a downtrend in smaller time frame. So, for us we will consider the major trend as bearish for intraday trading. SGX Nifty closed almost flat, and after Monday morning Session, we may expect no huge movement in this index, resulting a flat to slight gap up or slight gap down opening in Nifty. In 15-minute, time frame, we have marked the zone between 18376 to 18322 as no trade zone, and will avoid a directional trade between these two levels and for tomorrow, we may expect an opening of Nifty between these two levels only. For downside, will go for bearish trade, after Nifty crossing the bottom of no trade zone, preferably after forming a price action in 15-minute time frame. Initial target will be a zone between 18257 and 18231. A reversal is possible from these levels. But if nifty crosses these levels then we may expect to meet the targets 18179 and 18108, A reversal is possible from the support zone between 18257 and 18231, So from this level a reversal trade can be planned, depending on price action or other parameters. Now for upside may enter into bullish trade after nifty crossing the top of no trade zone. i.e. 18376, based on price action in 5 minute time frame. 18424 and 17490 will the target levels. Can expect reversal form both the levels, so any bearish price action near these levels, a trade can be initiated for downside, depending on the timing of formation. The CPR for this week is spread from 18376 to 18362, which is a narrow one, so, we may expect a directional move in Nifty in coming days. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 20th November, 2:00 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!
by rahulbora11